Economy News Uk Economy In Surprise Decline In October
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UK economy shows signs of resilience ahead of expected tax-hike budget
British businesses might be at a turning point and consumers unexpectedly increased their spending last month, data showed on Friday, adding to other better news for finance minister Rachel Reeves ... Read More
Low Confidence in UK Economy Sees Consumer Spending Decline : KPMG
Consumer confidence in the United Kingdom’s economy declined during the last quarter, reaching the lowest point so far in 2025, according to KPMG’s Consumer Pulse survey. KPMG’s poll of 3000 UK-based ... Read More
Construction sector records surprise steep fall in activity ahead of Budget
Construction sector records surprise steep fall in activity ahead of Budget - The latest S&P Global UK construction PMI showed a reading of 44.1 in October, down from 46.2 in September and its lowest ... Read More
UK retailers struggle again as budget fears weigh on consumers, CBI says
British retailers experienced another sales decline in October, with expectations of a further fall in November due to consumer anxiety surrounding the upcoming budget. The Confederation of British ... Read More
Consumer sentiment sours as government shutdown threatens economic damage
The fresh data marked three consecutive months of worsening shopper attitudes. Consumer sentiment soured in October as a government shutdown threatens to weaken a wobbly economy beset by an uptick in ... Read More
Brexit impact on UK economy 'negative for foreseeable future,' Bank of England chief says
Brexit will have a negative impact on the UK's economic growth "for the foreseeable future," the UK's most senior banker has warned. Bank of England governor Andrew Bailey said a decline in the UK's ... Read More
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